ChasingTheMoon

Time for a Pull back, GBPJPY

Short
FX:GBPJPY   British Pound / Japanese Yen
hit a wall at the top, has had a nice run up, must be time for some profit taking, that should see us down a bit.
Target plotted. some divergence on the Sto. waiting on more confirmation.

IG Trader sentiment notes that traders are now Net Short on GBPJPY, first time since May 05, 2019. when we traded at 145.89 (dailyfx.com)



IG Sentiment: www.dailyfx.com/fore...PY-201909230923.html
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